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The number of foreclosure filings in the City of Pasadena has been increasing as it has just about everywhere. Having said that, it does not necessarily mean however that more people are losing their homes. I know that seems like a contradiction and almost sounds like political doublespeak. Let me see if I an explain [...]
The number of homes approaching foreclosure in Pasadena is approaching 700 and has been steadily rising for the past several months. As the moratoriums on foreclosures comes to an end, as homeowners exhaust all possibilities to keep their homes, it seems inevitable that the foreclosure rate will keep rising and rising for some time. If [...]
Homeowners today who can’t make their house payments and find themselves in a financial hardship may inevitably be faced with two options, a short sale or a foreclosure. I don’t think there would be much debate on the subject. If you found yourself in this position, a short sale would be the preferred choice.
Why [...]
How can three words say so much? Every Saturday morning “Good Morning America” features a segment where viewers submit their own video’s and hold up a sign expressing their thoughts, which are only printed and not spoken If you have never seen it, the displays make a profound statement.
When my daughter used to watch that [...]
The most exciting piece of legislation in the soon-to-be enacted housing relief bill is the tax benefit for first-time home-buyers. First-time home-buyers will be eligible for a tax credit of up to $7500 towards their federal income taxes provided they meet the income requirements. The tax credit isn’t a complete giveaway; buyers will have to [...]
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